Momentum announces MMT allocation and unlocking plan: 1.5% allocated to public sale with no lock-up period

Foresight News reported that Momentum has announced the MMT allocation and unlocking plan. Of the total, 42.7% is allocated to community growth, 24.8% to investors, 18% to the team, 13% to the ecosystem, and 1.5% to the public sale. At TGE, approximately 204 million tokens (20.41%) will be unlocked. The public sale portion will be 100% unlocked immediately with no lock-up period; 9% of the ecosystem share will be unlocked at TGE, with the remaining portion unlocked after 24 months; 9.91% of the community growth share will be unlocked at TGE, with the remaining portion subject to a 60-month (5-year) vesting period; the investor share will be fully locked at TGE, with a 12-month lock-up period followed by linear unlocking over 48 months; the team’s share will be fully locked for 48 months (4 years).